What determines the allocation of managerial ownership within firms? Evidence from investment management firms

We show that the allocation of managerial ownership to individuals within firms varies depending upon the joint distribution of decision control and decision management rights. Using a unique dataset of institutional investment management firms, we show that ownership is higher for managers: with bo...

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Bibliographic Details
Main Authors: Dimmock, Stephen G., Gerken, William C., Marietta-Westberg, Jennifer
Other Authors: Nanyang Business School
Format: Article
Language:English
Published: 2015
Subjects:
Online Access:https://hdl.handle.net/10356/79527
http://hdl.handle.net/10220/25039
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Institution: Nanyang Technological University
Language: English